Adani Green Energy Ltd (AGEL) on Monday said Mercom Capital has ranked it as the world’s largest solar power generation asset owner in terms of operating, under-construction and awarded projects.
AGEL’s under-construction and awarded capacity stands at 10.1 GW, while its operational capacity is nearly 3 GW.
Adani’s renewable energy portfolio exceeds the total capacity installed by the entire US solar industry in 2019 and will displace over 1.4 billion tonnes of carbon dioxide over the life of its assets, the company said in a statement.
The group is one of the most fully integrated solar players in the world, manufacturing solar cells and modules, undertaking project development, construction, financial structuring and owning and operating its assets, it said.